Worked so much in the first couple of quarters. We are also expecting our investment ipo tomorrow. It is a very, very busy year for us, all in all. You are looking at health care opportunities. Everybody else seems to be doing that. That is why valuations have skyrocketed. What are you finding and what are you concentrating on within that space in particular . Nisa it is interesting. Board. St across the is, is really interesting when we invested in the first company, the first Vaccine Company to list in hong kong. One of our Companies Went out in hong kong, the first device company. Venus, thepo of whole medical device sector has become hot this year. Seen 25 areas we have Companies Getting funded in china alone. I am not sure about the competition. On the discovery side there is also excitement. Because valuation has grown so much, we would still stay away from very expensive deals. Historically, we have been investing 75 at least. Systematically we have been doing the same thing as
Worn surging numbers may undermine a Global Recovery. Plus, we discussed prospects for the u. S. And the wider picture with the atlanta fed president , who joins us this hour. Haidi lets look at the sydney staggered open, the friday session muted compared to the street we have had in asian stocks, asiapacific stocks seeing 13 consecutive days of gains broken by the thursday session, the longest winning streak since 1988 coming to an end. A flat stock a flat start in sydney, kiwi stocks up, muted start in japan spite heavy inflows of foreign buying. We are seeing a further downside when it comes to trading in the futures session. Getting secretary mnuchin speaking at the moment. He is speaking in an interview with Bloomberg News, saying financial conditions are quite strong, that companies that are need grants,covid not that. We heard secretary mnuchin earlier asking the fed to return unused coronavirus money. We will get you more as we get those comments. This is coming at a time when
It is 1 00 p. M. In new york, 6 00 p. M. In london. Im kailey leinz. Welcome to Bloomberg Markets. Here are the top stories we are following. Progress for a vaccine. Clearance requesting for its vaccine in the u. S. And europe today after a new analysis showed it to be highly effective in preventing covid19. We will have the latest. Talksk mentioned, opec have ended today without a deal. The conversation will be picked up tomorrow, but we will explore what it means for the cartel. General motors will not take an initial stake in the electric Vehicle Company nicola, which announced today it will go to one of its electric vehicles, a pickup to be called the badger. Lets get a quick check on the markets. We are on the last trading day of the best month for Global Equities since november, but we look set to end the month of november on a softer note. The s p 500 right now down 0. 6 . It was the fourth consecutive monday of positive vaccine data, but the good news not having the effect it d
Un substatianted claims the election was rigged. And a Miraculous Escape at the Bahrain Grand Prix Romain Grosjeans car hits a Crash Barrier and bursts into flames. The uss top Infectious Disease expert is warning there could be a surge upon a surge in covid 19 cases, as Millions Travel Home after thanksgiving. Anthony fauci says the outbreak is likely to get even worse and has urged people to wear masks. The us has recorded more than 13 million coronavirus cases since january this year. As of sunday, the number of covid 19 cases recorded in the us this month has passed four million thats double the figure recorded in october. Health experts had called for people to spend thanksgiving this past thursday at home, but, anywhere from 800,000 to more than one million travellers passed through us Airport Checkpoints on any day during the past week, marking the busiest period since march. Nomia iqbal reports from washington. You know whats coming. He is americas most trusted voice on the cor
Court the republican controlled chamber voted 52 to 48 mostly along party lines them across or against the nomination and wanted it to happen after next months president ial election alan fisher is on capitol hill the democrats have tried everything they possibly could divide argued that this is being rushed through one senator saying its going so fast it would make you seen the olympic sprinter jealous that they have tried Public Opinion by saying look this is going when people are voting theres more than 30000000 people that have cast their early votes in the u. S. President ial election and therefore they should wait until the next president comes in they have argued that its going to be a threat to the Affordable Care act because the Supreme Court will be holding a hearing on that one week after the election but the reality is they simply didnt have the power to stop this. The World Health Organization is warning some countries are on a dangerous track in their battles against new